Macau Property Regulatory News (MPO)

3 February 2016

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

Quarterly Net Asset Value update

Macau Property Opportunities Fund Limited, managed by Sniper Capital Limited, announces that its Adjusted Net Asset Value for the period ended 31 December 2015 was US$245.5 million.

This is equivalent to US$3.21 (218 pence*) per share and represents a decline of 8.7% from the previous quarter.

The Company's Interim Results for the period ended 31 December 2015 are expected to be released on 29 February 2016.

*Based on a US$/GBP exchange rate of 1.473 as at 31 December 2015.

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Note:

1. The above figures are estimates only and are unaudited. No reliance should be placed upon the estimated Adjusted Net Asset Value per share which should only be taken as an indicative value.

2. Detailed information on MPO's portfolio and the Macau market is available in the Fund's latest Investor Update published on the Company's website at www.mpofund.com.

About Macau Property Opportunities Fund

Macau Property Opportunities Fund Limited is a closed-end investment company registered in Guernsey. Listed on the London Stock Exchange's main market, it is also a constituent stock of the FTSE All-Share and FTSE SmallCap indices.

Launched in 2006, the Company targets strategic property investment and development opportunities in Macau and mainland China's western Pearl River Delta. Its current portfolio comprises a mix of well-positioned residential and retail property assets.

The Fund is managed by Sniper Capital, an Asia-based property investment manager with an established track record in fund management and investment advisory.

For further information:

Company Registration Number 44813

Website: www.mpofund.com 

Public Relations

MHP Communications

Andrew Jaques / Simon Hockridge / Kelsey Traynor

Tel: +44 20 3128 8100

Manager

Sniper Capital Limited

Tel: +65 6222 1440 (Investor Contact)

Tel: +853 2870 5151(Fund Advisor)

Email: info@snipercapital.com

www.snipercapital.com

Corporate Broker

Liberum Capital

Richard Bootle / Jonathan Wilkes-Green

Tel: +44 20 3100 2228

Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley

Tel: +44 14 8171 6000

Stock Codes:

Bloomberg: MPO LN

Reuters: MPO.L